250 57Th AveFridley, MN 55432

Property Details for 250 57Th Ave

Year built

1967

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

12.06 AC

Property size (Sq ft)

128,557 SF

Property type

Commercial real estate

APN

23-30-24-32-0012

APU

233024320012

Description

Fridley Market presents a unique investment opportunity in a thriving Anoka County location. This 132,594 square foot, multi-tenant retail center boasts a prime position approximately seven miles north of downtown Minneapolis, in the densely populated Fridley, MN suburb. The center enjoys exceptional visibility due to its proximity to Interstate 694. A strong anchor tenant lineup includes Cub Foods and Duluth Trading, complemented by a diverse mix of national and regional retailers such as Fridley Liquors, Pet Supplies Plus, Caribou Coffee, T-Mobile, and Great Clips. Currently, there is one available retail space totaling 1,140 square feet, presenting a chance to join this successful center. The property sits on a substantial 12.69-acre lot. The surrounding area demonstrates strong demographics, with over 99,000 residents within a three-mile radius and an average household income exceeding $82,000. This combination of established tenants, high visibility, and a robust consumer base makes Fridley Market an attractive prospect for investors seeking a stable and profitable retail investment. The available space offers immediate occupancy potential within a well-established and successful shopping center.

• Alternative Use

  Use

  Valuation

  Residential

  $27,053,980

  Hospitality

  $24,781,302

  Educational

  $20,617,752

  Medical

  $21,326,828

  Retail

  $32,072,058

Location Insight

City

Fridley

County

Anoka

State

Minnesota

Latitude

45.0703

Longitude

-93.2661

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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